Methaq Takaful Insurance Co PSC (ADX:METHAQ) Scaled Net Operating Assets: 0.10 (As of Dec. 2022)

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ADX:METHAQ Methaq Takaful Insurance Co PSC ADX:METHAQ
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What is Methaq Takaful Insurance Co PSC Scaled Net Operating Assets?

Methaq Takaful Insurance Co PSC ADX:METHAQ 5 Scaled Net Operating Assets is 0.10 as of Dec. 2022. GuruFocus rates ADX:METHAQ with a GF Score™ of 5/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Methaq Takaful Insurance Co PSC's operating assets for the quarter that ended in Dec. 2022 was د.إ754.5 Mil. Methaq Takaful Insurance Co PSC's operating liabilities for the quarter that ended in Dec. 2022 was د.إ680.9 Mil. Methaq Takaful Insurance Co PSC's Total Assets for the quarter that ended in Sep. 2022 was د.إ729.3 Mil. Therefore, Methaq Takaful Insurance Co PSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.10.

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Methaq Takaful Insurance Co PSC ADX:METHAQ
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Methaq Takaful Insurance Co PSC Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Methaq Takaful Insurance Co PSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(771.479-680.93)/759.922
=0.12

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=779.63 - 8.151
=771.479

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=680.93 - 0 - 0
=680.93

Methaq Takaful Insurance Co PSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Sep. 2022 )
=(754.479-680.93)/729.251
=0.10

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=779.63 - 25.151
=754.479

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=680.93 - 0 - 0
=680.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.10 mean?
Methaq Takaful Insurance Co PSC (ADX:METHAQ) has a Scaled Net Operating Assets of 0.10 as of Dec. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Methaq Takaful Insurance Co PSC and its competitors.
Is Methaq Takaful Insurance Co PSC's Scaled Net Operating Assets too high?
Methaq Takaful Insurance Co PSC's current Scaled Net Operating Assets is 0.10. Overall, Methaq Takaful Insurance Co PSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Methaq Takaful Insurance Co PSC's Scaled Net Operating Assets compare to BRK.A and AIG?
Methaq Takaful Insurance Co PSC's Scaled Net Operating Assets of 0.10 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Methaq Takaful Insurance Co PSC and its competitors. Methaq Takaful Insurance Co PSC's current Scaled Net Operating Assets is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methaq Takaful Insurance Co PSC stock overvalued right now?
Methaq Takaful Insurance Co PSC (ADX:METHAQ) has a current Scaled Net Operating Assets of 0.10. The current Scaled Net Operating Assets is 0.10. Methaq Takaful Insurance Co PSC's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Methaq Takaful Insurance Co PSC (ADX:METHAQ), the current Scaled Net Operating Assets is 0.10 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Methaq Takaful Insurance Co PSC Business Description

Address Mezzanine floor, Liwa Tower, P.O. Box 32774, Same building for Ministry of Economic, ADNEC Area, Abu Dhabi, ARE
Methaq Takaful Insurance Co PSC offers a range of insurance and reinsurance products and services to individuals and corporates. The objective of the company is to offer Individuals and Corporations a complete range of high quality, flexible, integrated, Shariah-compliant insurance products & services, in association with selected Distribution Partners. Its product line includes accident, travel, marine and air transport insurance and reinsurance products, among others.
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